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Yep, or worse the real-time energy pricing causes the highest prices during weather crises introducing ethical issues, such as during the 2021 Texas Winter Stor

Yep, or worse the real-time energy pricing causes the highest prices during weather crises introducing ethical issues, such as during the 2021 Texas Winter Storm on customers using real-time energy pricing plans: https://en.wikipedia.org/wiki/2021_Texas_power_crisis#Power_outages https://en.wikipedia.org/wiki/2021_Texas_power_crisis#Power_... Sometimes consumer smart grid gets evangelized as 'the fourth industrial revolution' - Dr. Simon Michaux argues the material blindness of it in such a way that only the rich may experience it : https://www.youtube.com/watch?v=O0pt3ioQuNc&t=625s https://www.youtube.com/watch?v=O0pt3ioQuNc&t=625s ( Dr. Simon Michaux: “Minerals and Materials Blindness” | The Great Simplification #19 with Nate Hagens ).

Scoundreller 4y ago
You could just cap the max price and let the grid make it up during other times. That's basically what time of day billing does anyway: a blended approach to electricity rates that averages out but provides some incentive. Of course, my jurisdiction rolled out time-of-day billing and found that demand shifted only a few percent, so I wonder if the program even covered its costs for smaller users.